1. QUOTE from:
    Wall Street gripped by recession fears
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    But some say that might not be enough to jump-start an ailing economy. "Five interest rate cuts by the Federal Reserve simply haven't restored confidence to the credit markets" said Fred Dickson, market strategist at DA Davidson & Co. Full Article at Malaysia Sun
    Five interest rate cuts by the Federal Reserve simply haven't restored confidence to the credit markets
    SOURCE: Malaysia Sun 20 months ago
All quotes from:
Wall Street gripped by recession fears
  1. We don't really know whether it will be negative or not
    SOURCE: Malaysia Sun 20 months ago
  2. The evidence for a US recession continues to mount by the day.
    SOURCE: Malaysia Sun 20 months ago
  3. The more fundamental point is that the economy is likely to experience an extended period of very weak growth, a rising unemployment rate and significant further Fed rate cuts.
    SOURCE: Malaysia Sun 20 months ago
  4. While we are penciling in a very mild recession, it is important to not get hung up on the 'recession, no recession' debate
    SOURCE: Malaysia Sun 20 months ago
  5. We believe the conditions are in place for a bear-market rally that can be played on the long side ... Investors have been hit with a ton of bad news and pessimism is very high.
    SOURCE: Malaysia Sun 20 months ago
  6. we don't hold much hope that there will be enough investor conviction to trigger a decent oversold rally until something positive surfaces in the credit markets.
    SOURCE: Malaysia Sun 20 months ago
  7. This quarter will probably be our weakest quarter ... Whether you call that 'a recession' or not is something that we won't know for many months.
    SOURCE: Malaysia Sun 20 months ago
  8. The rate cuts simply aren't working and result in putting more pressure on the dollar and oil prices which is compounding the problems in the credit market and the economy.
    SOURCE: Malaysia Sun 20 months ago

Recent Photos From The Wire

  1. A Muslim pilgrim has his head shaved, after throwing pebbles at a stone pillar representing the devil, during the Hajj pilgrim in Mina near Mecca, Saudi Arabia, Friday, Nov. 27, 2009. The last stage of the annual Hajj pilgrimage, the symbolic stoning of the devil, began on Friday. The first day of stoning also marks the start of the Islamic holiday of Eid al-Adha, or feast of sacrifice, when Muslims around the world slaughter sheep and cattle in remembrance of Abraham's near-sacrifice of his son.
  2. A woman walks past the electronic stock board of a local bank in Hong Kong Friday, Nov. 27, 2009. Asian stock markets tumbled Friday as fears mounted over the fallout from Dubai's massive debt problems and the dollar continued its slide against the Japanese yen. Hong Kong's main index retreated 1,075.91 points or 4.8 percent to 21,134.50.
  3. Lorenz Erni, Swiss lawyer of Polish-born filmmaker Roman Polanski is surrounded by reporters as he leaves a district prison where his client is believed to be held in Winterthur, 26 kilometers (16 miles) northeast of Zurich, Switzerland, Friday, Nov. 27, 2009. The Swiss Justice Ministry says it will keep Roman Polanski in jail until at least Monday. The 76-year-old director was granted US$4.5 million bail Wednesday on condition he remain under house arrest at his chalet in Gstaad and be fitted with an electronic bracelet. The ministry is still deciding whether to extradite Polanski to the U.S. for having sex in 1977 with a 13-year-old girl.
  4. A Muslim pilgrim has his head shaved, after throwing pebbles at a stone pillar representing the devil, during the Hajj pilgrim in Mina near Mecca, Saudi Arabia, Friday, Nov. 27, 2009. The last stage of the annual Hajj pilgrimage, the symbolic stoning of the devil, began on Friday. The first day of stoning also marks the start of the Islamic holiday of Eid al-Adha, or feast of sacrifice, when Muslims around the world slaughter sheep and cattle in remembrance of Abraham's near-sacrifice of his son.
  5. Lorenz Erni, Swiss lawyer of Polish-born filmmaker Roman Polanski reacts to reporters as he leaves a district prison where his client is believed to be held in Winterthur, 26 kilometers (16 miles) northeast of Zurich, Switzerland, Friday, Nov. 27, 2009. The Swiss Justice Ministry says it will keep Roman Polanski in jail until at least Monday. The 76-year-old director was granted US$4.5 million bail Wednesday on condition he remain under house arrest at his chalet in Gstaad and be fitted with an electronic bracelet. The ministry is still deciding whether to extradite Polanski to the U.S. for having sex in 1977 with a 13-year-old girl.
  6. A Palestinian butcher cuts a slaughtered sheep on the first day of the Muslim holiday of Eid al-Adha in the West Bank city of Ramallah November 27, 2009. Muslims around the world celebrate Eid al-Adha to mark the end of the haj by slaughtering sheep, goats, cows and camels to commemorate Prophet Abraham's willingness to sacrifice his son Ismail on God's command.
  7. Kosovo Muslims pray in the streets to mark the first day of the Muslim festival of Eid al-Adha, in Kosovo's capital Pristina November 27, 2009. Muslims around the world celebrate Eid al-Adha to mark the end of the haj by slaughtering sheep, goats, cows and camels to commemorate Prophet Abraham's willingness to sacrifice his son Ismail on God's command.
  8. PERUGIA, ITALY - NOVEMBER 27: Amanda Knox attends the civil parties summing up of the Meredith Kercher murder trial at the Perugia courthouse on November 27, 2009 in Perugia, Italy. Amanda Knox and her former Italian boyfriend Raffaele Sollecito have been charged with the murder of British student Meredith Kercher on November 1, 2007 in Italy.
  9. A Palestinian butcher cuts a slaughtered sheep on the first day of the Muslim holiday of Eid al-Adha in the West Bank city of Ramallah November 27, 2009. Muslims around the world celebrate Eid al-Adha to mark the end of the haj by slaughtering sheep, goats, cows and camels to commemorate Prophet Abraham's willingness to sacrifice his son Ismail on God's command.
  10. SHENZHEN, CHINA - NOVEMBER 27: Graeme McDowell of Ireland in action during the Foursomes on the second day of the Omega Mission Hills World Cup on the Olazabal course on November 27, 2009 in Shenzhen, China.
  11. SHENZHEN, CHINA - NOVEMBER 27: Graeme McDowell of Ireland looks on during the Foursomes on the second day of the Omega Mission Hills World Cup on the Olazabal course on November 27, 2009 in Shenzhen, China.
  12. Thongchai Jaidee (R) of Thailand chats with teammate Prayad Marksaeng on the seventh fairway during the second round of the World Cup golf tournament in Dongguan November 27, 2009.
  13. SHENZHEN, CHINA - NOVEMBER 27: Graeme McDowell of Ireland in action during the Foursomes on the second day of the Omega Mission Hills World Cup on the Olazabal course on November 27, 2009 in Shenzhen, China.
  14. Lorenz Erni, Swiss lawyer of Polish-born filmmaker Roman Polanski is surrounded by reporters as he leaves a district prison where his client is believed to be held in Winterthur, 26 kilometers (16 miles) northeast of Zurich, Switzerland, Friday, Nov. 27, 2009. The Swiss Justice Ministry says it will keep Roman Polanski in jail until at least Monday. The 76-year-old director was granted US$4.5 million bail Wednesday on condition he remain under house arrest at his chalet in Gstaad and be fitted with an electronic bracelet. The ministry is still deciding whether to extradite Polanski to the U.S. for having sex in 1977 with a 13-year-old girl.
  15. Kosovo Muslims pray in the streets to mark the first day of the Muslim festival of Eid al-Adha, in Kosovo's capital Pristina November 27, 2009. Muslims around the world celebrate Eid al-Adha to mark the end of the haj by slaughtering sheep, goats, cows and camels to commemorate Prophet Abraham's willingness to sacrifice his son Ismail on God's command.
  16. SHENZHEN, CHINA - NOVEMBER 27: Graeme McDowell of Ireland in action during the Foursomes on the second day of the Omega Mission Hills World Cup on the Olazabal course on November 27, 2009 in Shenzhen, China.
  17. SHENZHEN, CHINA - NOVEMBER 27: Graeme McDowell of Ireland in action during the Foursomes on the second day of the Omega Mission Hills World Cup on the Olazabal course on November 27, 2009 in Shenzhen, China.
  18. Raffaele Sollecito (C) is escorted into a courtroom during a murder trial session in Perugia November 27, 2009. Defendants American university student Amanda Knox and Sollecito are on trial for the murder of British student Meredith Kercher in November 2007.